Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: travishoglund on May 20, 2020, 07:48:51 AM



Title: Had a chance to test out the Lightning Network - very impressed
Post by: travishoglund on May 20, 2020, 07:48:51 AM
I have been basically obsessed with BTC this last year and I had never heard of "Wallet of Satoshi".  I came across this earlier today and tried it out (I know its a custodial option) - I have a very low balance.  The speed is incredible, which brings up my question - when apps like this become mainstream for the average user daily transactions what is the viability of LTC, XRP, etc?  With no "theoretical" limit of the TPS on Lightning, will these just fall and have no use?

I still see value in things like Enjin Coin (I am very interested to see where that goes) but for currency type ALTS, will there even be a purpose for them?

For reference here is the app I was using earlier today - https://www.walletofsatoshi.com/.  It was amazing to just get in and try out Lightning without setting up my own node, etc. which seems daunting to me (and I am a PHP programmer).  Thoughts anyone?